Cambridge Investment Research Advisors Inc. raised its position in shares of Digital Realty Trust, Inc. (NYSE:DLR) by 88.3% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 13,957 shares of the real estate investment trust’s stock after purchasing an additional 6,543 shares during the period. Cambridge Investment Research Advisors Inc.’s holdings in Digital Realty Trust were worth $1,652,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently bought and sold shares of the company. Russell Investments Group Ltd. raised its stake in shares of Digital Realty Trust by 41.0% during the 3rd quarter. Russell Investments Group Ltd. now owns 466,237 shares of the real estate investment trust’s stock worth $55,162,000 after purchasing an additional 135,580 shares in the last quarter. Sumitomo Mitsui Trust Holdings Inc. raised its stake in shares of Digital Realty Trust by 28.7% during the 3rd quarter. Sumitomo Mitsui Trust Holdings Inc. now owns 733,082 shares of the real estate investment trust’s stock worth $86,746,000 after purchasing an additional 163,439 shares in the last quarter. Fjarde AP Fonden Fourth Swedish National Pension Fund raised its stake in shares of Digital Realty Trust by 15.8% during the 3rd quarter. Fjarde AP Fonden Fourth Swedish National Pension Fund now owns 44,497 shares of the real estate investment trust’s stock worth $5,265,000 after purchasing an additional 6,055 shares in the last quarter. Comerica Bank raised its stake in shares of Digital Realty Trust by 74.6% during the 3rd quarter. Comerica Bank now owns 116,224 shares of the real estate investment trust’s stock worth $13,666,000 after purchasing an additional 49,643 shares in the last quarter. Finally, Bank of New York Mellon Corp raised its stake in shares of Digital Realty Trust by 24.9% during the 3rd quarter. Bank of New York Mellon Corp now owns 2,261,008 shares of the real estate investment trust’s stock worth $267,545,000 after purchasing an additional 451,025 shares in the last quarter.

A number of research firms have recently weighed in on DLR. SunTrust Banks, Inc. reaffirmed a “buy” rating and set a $140.00 price target on shares of Digital Realty Trust in a research note on Friday. TheStreet downgraded Digital Realty Trust from a “b” rating to a “c+” rating in a research note on Monday, October 30th. Zacks Investment Research downgraded Digital Realty Trust from a “buy” rating to a “hold” rating in a research note on Tuesday, October 31st. KeyCorp set a $130.00 price target on Digital Realty Trust and gave the stock a “buy” rating in a research note on Sunday, October 29th. Finally, Deutsche Bank AG raised their price target on Digital Realty Trust from $111.00 to $130.00 and gave the stock a “hold” rating in a research note on Thursday, October 26th. Eleven analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company’s stock. The company has a consensus rating of “Hold” and a consensus price target of $125.43.

WARNING: This article was originally posted by The Cerbat Gem and is the sole property of of The Cerbat Gem. If you are accessing this article on another publication, it was copied illegally and reposted in violation of US and international copyright & trademark laws. The correct version of this article can be viewed at https://www.thecerbatgem.com/2017/11/20/cambridge-investment-research-advisors-inc-purchases-6543-shares-of-digital-realty-trust-inc-dlr.html.

Shares of Digital Realty Trust, Inc. (DLR) opened at $118.11 on Monday. The stock has a market capitalization of $24,264.76, a P/E ratio of 19.75, a price-to-earnings-growth ratio of 3.02 and a beta of -0.09. The company has a quick ratio of 0.46, a current ratio of 0.46 and a debt-to-equity ratio of 0.85. Digital Realty Trust, Inc. has a fifty-two week low of $86.70 and a fifty-two week high of $127.23.

Digital Realty Trust (NYSE:DLR) last released its earnings results on Wednesday, October 25th. The real estate investment trust reported $1.51 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.40 by $1.11. The firm had revenue of $609.90 million for the quarter, compared to analyst estimates of $595.49 million. Digital Realty Trust had a return on equity of 5.15% and a net margin of 11.71%. The company’s revenue was up 11.6% on a year-over-year basis. During the same quarter last year, the firm posted $1.44 EPS. equities research analysts forecast that Digital Realty Trust, Inc. will post 6.09 earnings per share for the current fiscal year.

The firm also recently announced a quarterly dividend, which will be paid on Friday, January 12th. Shareholders of record on Friday, December 15th will be issued a $0.93 dividend. This represents a $3.72 dividend on an annualized basis and a yield of 3.15%. The ex-dividend date is Thursday, December 14th. Digital Realty Trust’s dividend payout ratio (DPR) is currently 300.00%.

Digital Realty Trust Company Profile

Digital Realty Trust, Inc is a real estate investment trust (REIT). The Company is engaged in the business of owning, acquiring, developing and operating data centers. The Company is focused on providing data center and colocation solutions for domestic and international tenants across a range of industry verticals ranging from financial services, cloud and information technology services, to manufacturing, energy, healthcare and consumer products.

Institutional Ownership by Quarter for Digital Realty Trust (NYSE:DLR)

Receive News & Stock Ratings for Digital Realty Trust Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Digital Realty Trust Inc. and related stocks with our FREE daily email newsletter.